Roadblock Italy The new Italian government says it will not ratify the Comprehensive Economic and Trade Agreement (CETA) between the EU and Canada. It is a major agreement, but the Italians say it does too little to protect their country’s specialty foods. This does not bode well for EU completion and ratification of the more controversial trade agreement being negotiated with Mercosur. The ratification of CETA has gone through bumps before getting to Italy’s roadblock, but opposition to a trade agreement with Mercosur has been much more vocal. Instead of a roadblock, Italy is likely to have help building a wall against increased EU imports of South American beef. Lemon to a Knife Fight The Senate Agriculture Committe...
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...
From WPI Consulting
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.